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Foundation for AIDS Research (amfAR)

CharityWatch report issued
September 2017

Top-Rated Charity
A-
CharityWatch Grade
Our independent grade based
on a number of factors.
 
80%
Program Percentage
Amount spent on programs
relative to overhead.
 
$18
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

Foundation for AIDS Research (amfAR)
120 Wall Street
13th Floor
New York, NY 10005

Other Names

AIDS Research Foundation
American Foundation for AIDS Research
amfAR

Tax Status

501(c)3

Website

www.amfar.org

Stated Mission

Dedicated to ending the global AIDS epidemic through innovative research.

View similar charities
Data based on Fiscal Year Ended 09/30/2016

Program Percentage: 80%

The percentage of Foundation for AIDS Research (amfAR)'s cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$41,000,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $18

How many dollars Foundation for AIDS Research (amfAR) spends on fundraising to raise each $100 of contributions.

$35,000,000

Calculated Total Contributions

(rounded)

Joint Costs

Foundation for AIDS Research (amfAR)'s rating was adjusted for Joint Costs. If you are a donor who considers direct mail, telemarketing, and other Joint Cost solicitations to be true charitable programs, the below efficiency ratios, which were not adjusted for joint costs, may better reflect your goals.

Program % Cost to Raise $100
80% $17
Accounting rules allow charities to report some telemarketing, direct mail, and other solicitation costs as Program expenses. CharityWatch believes that most donors do not consider a charity's solicitation activities to be the Programs they are intending to support with their donations. We therefore adjust such expenses out of a charity's reported Program expense and add it to Fundraising expense prior to calculating its rating.

Government Funding

25% to 49%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
The Foundation for AIDS Research IRS Form 990 13-3163817
The Foundation for AIDS Research Audited Financial Statements 13-3163817
Entity: The Foundation for AIDS Research
Document Type: IRS Form 990
Tax ID: 13-3163817
Entity: The Foundation for AIDS Research
Document Type: Audited Financial Statements
Tax ID: 13-3163817

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
Foundation for AIDS Research (amfAR)
meets governance benchmarks.
 
Foundation for AIDS Research (amfAR)
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy Opt-In Policy  

  Name Title Compensation
1 Kevin Frost CEO $585,579
2 Bradley Jensen CFO $301,637
3 John F. Logan VP/General Counsel $257,592
1
Name: Kevin Frost
Title: CEO
Compensation: $585,579
2
Name: Bradley Jensen
Title: CFO
Compensation: $301,637
3
Name: John F. Logan
Title: VP/General Counsel
Compensation: $257,592

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
According to the Foundation for AIDS Research (amfAR) audit of September 30, 2016 (Note 2, Donated Goods and Services), amfAR reports receiving in fiscal 2016 in-kind donated services on which it placed a value of $286,412.

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.]

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